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this might become a big issue? >> i think fossil fuel exports has been a huge issue in the energy world for the last couple of years and finally it's rising to the level of where it's going to gain the attention of congress. the energy department released a study last month giving an implicit nod to natural gas exports. i think that could compel congress to really look at this issue. this law governing natural gas exports hasn't been updated since 1938. whether or not congress has the political will to change it remains to be seen but it's certainly going to be part of the conversation. >> you also write about the european financial crisis. i would think it's fair to say 2012 was a horrible, terrible, very bad year for the european economy. but what could that mean to us here? >> right. i think the fiscal cliff of the past month has really allowed a lot of people and especially those in congress to forget that there's a big world out there where economies are not doing so well either. there's been a couple of economists, some of the big economic firms like deutsche bank and others who s
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